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The global military laser designator market size is expected to grow at a CAGR of 5.70% between 2024 and 2032. The market is being driven by the increasing efforts of various countries towards military modernisation and rising geopolitical tensions.
A military laser designator is a light source used for defining and marking a target for military equipment such as precision artillery, laser guided bombs, and missiles. These designators can be mounted on aircrafts, naval vessels, and round vehicles, and comprise of coded pulses fired at the target through invisible beams.
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On the basis of standard, the market is bifurcated into eye safe and non-eyesafe. Based on type, the market is divided into ground-based and air-borne, with ground-based subdivided by type into man-portable and vehicle-mounted and air-borne subdivided by type into rockets and missiles, aircraft, unmanned aerial vehicles, and maritime. On the basis of end use, the market is segregated into military and defence, and internal security. Based on region, the military laser designator market segmentation is North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global military laser designator market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Ground-based military laser designators, by type, are projected to witness significant growth over the forecast period as they enhance situational awareness by enabling target tracking in real time, this in turn minimises collateral damage. These laser designators can be deployed in various situations as they are effective in various environmental conditions. They are also effective in counter terrorism operations as they aid military personnel with accurate engagement and detection of elusive targets.
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The North America region is anticipated to hold a sizeable share of the market for military laser designators in the upcoming years due to the significantly high defence expenditure of countries such as the United States. Additionally, the presence of various key players and adoption of novel technologies by militaries in the region are aiding the military laser designator market growth in North America. Rising counter terrorism operations and increasing focus on military modernisation are other factors propelling the demand for military laser designators in the region.
BAE Systems plc is a defence and space manufacturing company that was founded in 1999 and is headquartered in Virginia, United States. They are known for delivering a wide range of products and services for land, air, and naval forces.
Elbit Systems Ltd is an international technology company that was established in 1966 and is based in Haifa, Israel. They specialise in commercial aircrafts, maritime systems, avionics, AFV systems, and cyber security, among others.
Lockheed Martin Corporation is a defence and space manufacturing company that was founded in 1995 and is headquartered in Maryland, United States. They are primarily engaged in the research, development, design, and manufacturing of advanced products and services.
Other market players include Alpha Design Technologies Pvt Ltd, General Atomics, L3Harris Technologies, Inc, Northrop Grumman Corporation, Teledyne Flir LLC, Safran Group, and Thales Group, among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Standard |
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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Military Laser Designator Market Size
Military Laser Designator Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The military laser designator market forecast indicates a promising growth of a CAGR of 5.70% in the upcoming years.
The major market drivers include increasing efforts of various countries around the world towards military modernisation, rising border disputes, increasing geopolitical tensions, and growing importance of high precision targeting.
The key trends fuelling the growth of the market include adoption and development of novel technologies, increasing compatibility of military laser designators with various equipment, and rising use in internal security.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The primary standards of military laser designators are eye safe and non-eyesafe.
The major types of military laser designators in the market are ground-based and air-borne.
The significant end uses of military laser designators are military and defence and internal security.
The key players in the military laser designator market, according to the report, are BAE Systems plc, Alpha Design Technologies Pvt Ltd, Elbit Systems Ltd, Lockheed Martin Corporation, General Atomics, L3Harris Technologies, Inc, Northrop Grumman Corporation, Teledyne Flir LLC, Safran Group, and Thales Group, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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